Missouri Payment Bond Requirements Overhauled by New Legislation
The Missouri payment bond requirements were changed in a few major ways after SB 167 was recently passed. These changes are effective August 28, 2019.
The Missouri payment bond requirements were changed in a few major ways after SB 167 was recently passed. These changes are effective August 28, 2019.
Payment bonds are especially helpful in Florida because public projects are not subject to a claim of lien. However, payment bonds in Florida have a lot of specific requirements and...
A recent Louisiana case helps make it clear - Louisiana bond claims won't be stopped by pay if paid provisions, regardless of whether the project is public or private.
When a mechanics lien is bonded off under Kansas lien law, mistakes that were made in the lien filing won't affect the ability to recover under the bond.
Last month, The U.S. Small Business Administration changed its Surety Bond Guarantee program to make bonds available to more small construction businesses.
Coastal restoration work for Louisiana's Coastal Protection and Restoration Authority may be be lienable, but payment bonds are also available.
Arbitration clauses are fairly common in construction contracts, but they don't always apply. A recent Oregon case sheds light on who decides whether claims must go to arbitration.
The Government Accountability Office recently determined that surety bond requirements are rarely waived on federal projects. Without protection, small businesses and top subcontractors would likely avoid work on the projects.
The stakes are high when payments are on the line, and the construction industry is already prone to payment problems without the grey areas introduced by the advent of P3...
Mechanics liens often survive bankruptcy proceedings, but outcomes vary from state to state. In a recent case out of New Jersey, two material suppliers had their claims tossed aside because...